One night this last week, I had the unfortunate experience of having my car backed into.

I was parked safely in my office car park when someone decided to reverse into my car and when I went outside to see what all the commotion was about the driver didn’t stop – they just drove off!!!

That really irks me – sorry but when someone does not take responsibility for their actions it usually means that other people suffer and that bothers me. But what you may not realise is it usually means that the person who won’t take responsibility for their actions also suffers.

How many times have you done something that you later regretted and tried to cover up your stupidity by avoiding owning up – I am sure you will agree that there is a certain amount of turmoil and suffering on your part until you do.

It got me thinking …taking responsibility doesn’t just mean “fessing up” to a wrong action it can also mean choosing to face a situation you have got yourself into and deciding it is not acceptable to let it stay as it is – therefore taking responsibility or ownership of the situation.

It is the best place to start when it comes to your finances. If you have a niggly feeling that you are not handling your money too well and maybe things are getting out of control or you are feeling very wasteful then it is time to take responsibility for it.

So 4 Initial Steps to Taking Full Responsibility for your Finances:

  1. Take a look at all of your bank accounts and your debts – don’t hide anything. Get it all out onto the table. You can be in hiding whilst you do this if you do not want others to see but don’t hide from the facts.
  2. Decide whether you like the situation you are in and see where your present way of handling money can  take you
  3. If you like what you see then carry on doing what you have always done BUT if you don’t…….
  4. Change the way you do things!

That sounds simple enough doesn’t it but it can be extremely traumatic for some people who have got themselves into a mess and if that is you it may pay you to get some outside help – there are lots of free services out there offering financial counselling for those who find themselves drowning in debt and unable to meet all of their re-payments

But if you have taken a look and you are feeling a little disappointed in yourself because you realise you have let a once interest free credit card now attract interest or you have not kept to that savings plan you started back in January or you have actually no idea where all your money has gone – after all you do earn a good income- then the simple act of being dissatisfied with yourself and making the decision to change can be all you need to go to the next step of moving towards your desired future rather than staying in the status quo and never moving forward financially.

If that’s you – Email us at info@coachchris.com.au and I will send you my free downloadable “Turning your financial situation around”

Until then I will leave you with a thought provoking quote from Sir Winston Churchill,

                      “The Price of Greatness is Responsibility”